RE:BEARISH about RMP
With RMP at $4.80, who is the fool?
It is hard for the Motley Crew to be right all the time. They sure picked well on Surge, and I commend them on that one, but they did not do so well recently on their Angle Energy article. Angle is not up at all today, but RMP, DTX, LEG, CEN and others are moving well.
There is a good reason that multiple houses picked up a whack of RMP shares around $4.50 in recent days. I am not on the inside to know why this action has taken place, but I value RMP in the high $5's right now, so buyers at $4.80 should do well in next 12 months.
I sold 10,000 today at $4.70 thinking the momo would stop, but it has not. Oh well, you can't pick a top, even a temporary one sometimes.
L6